Islamic Finance Solutions

Islamic Finance Solutions

IdealRatings web based asset management service offers to major financial institutions a complete solution for the entire Shariah fund management operation, that empowers professionals to launch and manage their Shariah compliant funds and help them generate the highest alpha available through a very tight compliance and Shariah purification process. IdealRatings asset management solution covers a universe of 40,000+ equities globally, where the Shariah compliant screening process could be customized as per the required guidelines for each organization.

IdealRatings services have been reviewed and approved by several Shariah scholars and advisors globally as the service has been designed to support in making investment decisions by screening and managing the compliance cycle for Shariah compliant products, such as equities, funds, REITs and indexes. The subscription-based service enables users to access a comprehensive range of data and functionalities deriving directly from our research based screening process. The fast-growing service combines an intuitive interface and powerful search capabilities with in-depth, timely and comprehensive coverage. The service delivers up-to-date data and analysis on publicly listed securities for financial professionals in front, mid, and back office positions.

Largest Investable Universe

Largest Investable Universe

Covering more than 40,000 equities in over 160 countries. IdealRatings provide the largest available investable universe in the market. Clients can integrate their own investment guidelines to screen out irrelevant stocks form the universe.

Unique Research Methodology

Unique Research Methodology

Research-based intensive analysis has been developed over the years through the companies’ reports, websites, corporate actions and all possible credible sources, collecting all information relevant to the company’s adherence to the different guidelines.

Custom Screening Guidelines

Custom Screening Guidelines

Custom screening against faith-based aspects, UN Global Compact Principals, Sanctioned Nations and Sin-Stocks. IdealRatings broke down the income generated into 35+ unique revenue streams to identify Non -permissible activities as per the required parameters.

Manage Multiple Mandates

Manage Multiple Mandates

IdealRatings will enable financial institutions to serve different investors requirements through a single platform with the highest level of customization in the market and largest investable universe that facilitates alpha generation.

Equity Screening

IdealRatings developed a unique research methodology to accurately analyze companies’ business activities and revenue breakdown, by mixing the manual research approach and the automated classification techniques; IdealRatings research team analyzes companies to identify more than 32 unique categories of Shariah non-compliant activities that cover most of the global Shariah guidelines.
IdealRatings empowers Shariah complaint fund managers with an intuitive screening platform that enables them to identify their investable universe based on their own customized ethical, Shariah and investment guidelines by determining which business activities and revenue streams are considered to be Shariah non-compliant as per each investment portfolio parameters.

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Purification

IdealRatings has developed a one of a kind Shariah/Islamic purification engine to ensure that fund managers are able to accurately purify their funds and portfolios more frequently (weekly, monthly, quarterly etc…) and to take the required course of action regarding the non-compliant holdings in coordination with their Shariah-board. Due to IdealRatings inimitable research methodology an exact purification value can be calculated, which would have an outstanding impact on the funds returns.

Sukuk Screening

The first ever and only Sukuk Shariah screening solution with an engine that allows Shariah auditors, asset managers and treasuries to import their custom institutional Shariah guidelines and screen the global universe of sukuk against such mandate and against Market standards such as AAOIFI and SC. The solution has been designed to constitute all sukuk standards from the different Shariah schools, and allows users to fully configure the compliance engine to their accepted standards. The solution has been reviewed, audited and approved by prominent Scholars and boards across the globe. The solution is also ideal for fixed income traders and treasuries with comprehensive coverage of all financial, credit and legal details about every issuance. Along with IdealRatings Sukuk analysts’ propriety bi-lingual structure diagram that illustrates the asset and cash flow of complex structures in few lines. Altogether, IdealRatings Sukuk Screening solution is outstandingly the perfect solution for sukuk investing, resolving the Shariah risk, while adhering to the financial, legal and credit needs in a fixed income investment.

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Sukuk Tradability

Out of its extensive Sukuk screening practice, IdealRatings have developed a Sukuk tradability indicator on the Sukuk solution, whereby, Compliant Sukuk are analyzed further against a “Tradability Threshold”. A custom indicator developed to custom-configure the tradability of Sukuk as per the mandate sought after by each user. Where Shariah views on trading Debt, range from absolute permission to absolute prohibition. The indicator allows every user to set the “Required Assets Threshold” above which the Sukuk is deemed “Permissibly Tradable”.

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Brokerage Solutions

An intuitive solution designed to cater to the needs of Institutional Brokerage and individual stock market investors. The bi-lingual web-based solution offers its users a comprehensive coverage of stock markets performance, statistics and indicators along with a through daily technical analysis by a distinguished team, who provides daily recommendations for 15 different markets. Further, the solution includes stock screening, purification, peer stock analysis, market performance indicators and market highlights.

IdealRatings Boursa service offers Institutions a suite of data and services that add great value to their brokerage solutions. Such data and engine features can be either white labeled or explicitly powered by IdealRatings. Further, the data set is fully customizable, where organizations selectively create the set of data and features appealing to their individual clients, and can further develop and add their custom data gadgets onto the platform. IdealRatings services are designed to have multiple delivery options, ranging from full integration, Data-feed to plug-n-play.

Customized Islamic Indexes

Out of its extensive experience in Shariah and Financial screening, IdealRatings has partnered with the top index providers worldwide to present unique indexes that cater to the benchmarking needs of asset and fund managers, and as well to cover the multiple asset classes and territories. IdealRatings has partnered with Russell Indexes, MSCI, FTSE and Thomson Reuters. Through these partnerships and collaborations, Investors are offered a comprehensive suite of Equity and Sukuk Islamic indexes. Further, IdealRatings calculates custom Shariah indexes for mutual funds and financial institutions as per their own guidelines and mandate. The Islamic Index building process starts from a universe of 40,000+ equities, which is segmented by region and run through extensive stock research and screening, followed by a tight index calculation methodology, a process that achieves the highest alpha attainable.

Mobile Application

IdealRatings team have developed mobile phone applications to reach out to the world of smartphones and delivering the information at ease. Islamic Investor™ was the first ever application for stock screening and compliance. The application gives detailed reports on PASS/FAIL reasons for all markets covered.

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How we work?

Multiple Delivery Systems

Online Portal

Data Feed

FTP Servers

1

Build Investor trust

Build Investor trust by systematizing the compliance processes to reduce funds and compliance risks of managed accounts.

 

2

Boost performance

Boost performance of Shariah compliant funds through real-time awareness of key top performing sectors and indexes performance metrics.

 

3

Optimize capital gains

Optimize capital gains of each fund’s planning through continuous monitoring of your fund purification process.

 

4

Rapid demonstrable ROI

Rapid demonstrable ROI by minimizing the cost associated with compliance monitoring requirements and eliminating manual overheads.

5

Complete visibility

Complete visibility into the global investable universe by covering 160+ countries and 40,000+ equities.

 

6

Secure state of the art technology

Secure state of the art technology minimizes operational cost and eliminates implementation risks.

 

7

Identified source of revenue

Identified source of revenue for non-permissible activities and Shariah compliant capital structures, which increases compliance credibility through company based research rather than sector based screening.

 

8

Cost effective solution

Cost effective solution to manage multiple investments mandates, compliance audit reports, purification and Zakat.